Difference between revisions of "Financial Reporting"
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'''Financial Reporting''' is the provision ([[Disclosure]]) of financial information produced by [[Financial Accounting]] activities of a reporting entity. The purpose of that [[Reporting]] is to provide useful (e.g., actionable) information to existing and potential investors, lenders and/or other creditors and stakeholders of the organization. | '''Financial Reporting''' is the provision ([[Disclosure]]) of financial information produced by [[Financial Accounting]] activities of a reporting entity. The purpose of that [[Reporting]] is to provide useful (e.g., actionable) information to existing and potential investors, lenders and/or other creditors and stakeholders of the organization. | ||
+ | == See Also == | ||
+ | * [[Financial Reporting Standards]] | ||
[[Category:Accounting]] | [[Category:Accounting]] |
Revision as of 12:46, 6 September 2021
Definition
Financial Reporting is the provision (Disclosure) of financial information produced by Financial Accounting activities of a reporting entity. The purpose of that Reporting is to provide useful (e.g., actionable) information to existing and potential investors, lenders and/or other creditors and stakeholders of the organization.